Bhubaneswar, May 23: Another director of Vista Management Services Ltd. was arrested in connection with the chit fund scam a day after the Economic Offence Wing (EOW) of Odisha crime branch arrested the director of the chit fund firm from the state capital.

The firm is under scanner for cheating the depositors of Rs 50 crore under various ponzi schemes.

A total of three people were arrested in the firm, with the latest arrest of Patnaik.

Earlier, the MD of the firm Deb Kumar Panda was arrested from Bhubaneswar railway station on May 17 while leaving for Vizag from where he had plan to move to Singapore. On Thursday, Bijay Swain, the director of the firm was arrested by the crime branch.